5932 Balcom, Encino, California 91316, Encino, 91316 - 3 bed, 2 bath
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Encino, California 91316
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $995,000—positioned well below the $1,043,401 Fair Market Value by 4%. This valuation gap provides $48,401 in Instant Equity for the buyer. With a Condition Rating of 3, the home features a newly installed furnace and updated interiors. Located in a prime Encino enclave with top-tier schools and a private, landscaped patio, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5932 Balcom Subject | $1,050,000* List Price | 3 | 2 | 1,469 | $728 | - |
A 17415 Collins Sold | $953,000 | 3 | 2 | 1,184 | $805 | 0.5 mi |
B 17642 Calvert Street Sold | $1,299,900 | 4 | 3 | 1,611 | $807 | 0.3 mi |
C 17435 Burma Sold | $961,000 | 3 | 2 | 1,163 | $826 | 0.4 mi |
D 18049 Burbank Boulevard Sold | $825,000 | 3 | 2 | 1,269 | $650 | 0.5 mi |
E 17726 Martha St. Sold | $975,000 | 3 | 2 | 1,111 | $878 | 0.4 mi |
F 17619 Miranda Sold | $1,030,000 | 4 | 3 | 1,658 | $621 | 0.3 mi |
G 5847 Texhoma Avenue Active | $1,099,999 List Price | 3 | 2 | 1,607 | $685 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1949, the home has been impeccably maintained and updated, fitting the 5-15 year renovation window. It features move-in ready interiors with updated flooring and recessed lighting, a newly installed furnace, and a brand-new dishwasher. The exterior and systems appear well-cared for with no immediate maintenance needs.
Situated in a sought-after Encino enclave, the property offers walking distance to restaurants and entertainment, plus access to top-tier schools and immediate 405 freeway connectivity.
The gated and professionally landscaped backyard features lush greenery and year-round blooms, providing a secure and serene environment for indoor-outdoor living.
The home is impeccably maintained with recent functional upgrades, including a newly installed furnace and brand-new dishwasher, ensuring immediate move-in readiness.
At 1,469 square feet on a 5,501 square foot lot, the property is relatively modest in size, which may feel restrictive for buyers seeking expansive interior or exterior space.
While offering convenient commuter access, the close proximity to the 405 freeway may result in ambient traffic noise, potentially impacting the tranquility of the outdoor areas.
Nestled in this sought-after Encino enclave, this beautifully maintained 3 bedroom, 2 bathroom residence offers 1469sqft of abundant natural light with a warm inviting ambiance. The open concept, serene, landscaped backyard is an ideal setting for intimate indoor-outdoor living. The backyard is gated for privacy and security, featuring well maintained landscaping with lush greenery and beautiful blooms year-round. Lovingly cared for and impeccably maintained, the home also features a newly installed furnace and brand-new dishwasher. Located in a tranquil neighborhood known for its safety and charm you can enjoy refined living in one of Encino's most desirable settings. Clean, accessible sidewalks offer a perfect environment for families taking a stroll through the friendly neighborhood. Instant access to the 405 freeway are some of the perks of living here, not to mention top tier schools and walking distance to restaurants and entertainment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 36% |
| Baths | 2.0 | 4.0 | 29% |
| Square foot | 1,469 | 2,440 | 22% |
| Lot Size | 5,501 | 6,749.5 | 11% |
| Price | $1.05M | $1.84M | 19% |
| Price per sq ft | $715 | $746 | 39% |
| Built year | 1949 | 1955 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 155 | 3% |
Jun 11, 2026
$1,050,000
$995,000
+6% Price Increase
Initial Listing
May 13, 2026
$995,000
Initial Listing
Nov 15, 2017
$735,000
Public Record
May 24, 2013
$560,000
Public Record
Mar 3, 2004
$485,000
Public Record
Aug 15, 2003
$368,000
Public Record